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cliff. >> right, but i mean, jack markell, that's all very well, i'm glad you all got on so swimmingly but what is actually going to get done here? there are 28 days to go until we fall off this cliff and the american people are frankly sick and tired of waiting for a bunch of politicians to try and sort something out and just play politics, just get on with it. >> well, we had a productive conversation with the president and his team as well as with the speaker and his team and the majority leader. and our perspective was really to say states can -- may be affected by some of the decisions you're making and we want to be at the table. and that it's really important from an economic perspective, for example, that taxes on middle class people don't go up because that could be really bad for the economies in our states, as you're thinking about other changes, whether it's in the tax code or whether it's in cuts, if states are affected, we ought to have a seat at the table. that was really our message to all three. we said at the outset we're not embracing one plan or the other. i believe
cliff. >> right, but i mean, jack markell, that's all very well, i'm glad you all got on so swimmingly but what is actually going to get done here? there are 28 days to go until we fall off this cliff and the american people are frankly sick and tired of waiting for a bunch of politicians to try and sort something out and just play politics, just get on with it. >> well, we had a productive conversation with the president and his team as well as with the speaker and his team and the...
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Dec 4, 2012
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i have a funny feeling we will still be dragging out this fiscal cliff debate right until the bitter end. gentlemen, thank you. >>> more on this of course when we come back tomorrow. we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the employees. [ duck yelling ] [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. ♪ ha ha! bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. can i still ship a gift in time for christmas? yeah, sur
i have a funny feeling we will still be dragging out this fiscal cliff debate right until the bitter end. gentlemen, thank you. >>> more on this of course when we come back tomorrow. we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. [ male announcer ] when this hotel added aflac to provide a better benefits package... oahhh! [ male announcer ] it made a big splash with the...
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Dec 7, 2012
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to the edge of the fiscal cliff. instead of reforming the tax code, cutting spending, the president wants to raise tax rates. even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington has a spending problem. not a receive knew problem. the president doesn't agree with our proposal, i believe that he's got an obligation to families and small businesses to offer a plan of his own. a plan that can pass both chambers of the congress. we are ready and eager to talk to the president about such a plan. >> mr. speaker, you did speak with the president earlier this week. can you characterize that call? did he have any kind of counteroffer? also, we understand that he just is making clear that it is -- got to be increase in rates for the wealthy or no deal. are you willing to give a little bit, maybe just not all the way to 39.6? >> it was the -- the phone call was pleasant. but it was just more of the same. the conver
to the edge of the fiscal cliff. instead of reforming the tax code, cutting spending, the president wants to raise tax rates. even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington has a spending problem. not a receive knew problem. the president doesn't agree with our proposal, i believe that he's got an obligation to families and small businesses to offer a plan of his own. a plan...
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Dec 31, 2012
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unitedhealthcare. >>> all right. down to the wire. still no deal on the fiscal cliff. are the democrats and republicans too far apart at this point to reach a deal before midnight? i hope not. >> is the cliff armageddon for the defense department. what these defense cuts would mean for national security. >>> a health scare for hillary clinton. what doctors say happened and an update on her condition. >> i'm ali velshi. >> and i'm christine romans. >> and i'm dr. sanjay gupta. john and zoraida are both off. >>> millions of americans will countdown to a fiscal cliff. a development that could send the nation back to recession. yesterday, the two parties turned to their respective closers, vice president joe biden and senate minority leader mitch mcconnell to get a back door deal done. the republican is not giving up. >> i'm interested in getting a result here. willing to work with whoever can help. there is no single issue that remains an impossible sticking point. >> all right according to the president, there has always been and still is one big sticking point. raising
unitedhealthcare. >>> all right. down to the wire. still no deal on the fiscal cliff. are the democrats and republicans too far apart at this point to reach a deal before midnight? i hope not. >> is the cliff armageddon for the defense department. what these defense cuts would mean for national security. >>> a health scare for hillary clinton. what doctors say happened and an update on her condition. >> i'm ali velshi. >> and i'm christine romans. >>...
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Dec 8, 2012
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. >>> all right. i'm just going to say it, fiscal cliff, i know, i know, you've heard it. you've heard enough of it, but after another week without progress in washington, the possibility of plunging off the ejd is edge is becoming more of a reality and that could mean real changes for real people. stephanie rule joins me live now to talk a little bit about this. good morning, stephanie, how are you? >> good morning, randi. i was just saying moments ago that i am very concerned about the fiscal cliff but tearing up over besse cooper and the 8-year-old twins from oklahoma. what a morning you're having. >> what a life she had. >> amazing. >> well, let's talk about the cliff now that your eyes are dry. i hope this doesn't bring you to tears -- >> not yet. >> 24 days and counting until that deadline. but for the average american, what will it look like if we go off the cliff? will it be better for anyone? this is a very stressful time. you know, people talk about the cliff like it's this major event, which it is, but almost like a y2k. what are things going to look like januar
. >>> all right. i'm just going to say it, fiscal cliff, i know, i know, you've heard it. you've heard enough of it, but after another week without progress in washington, the possibility of plunging off the ejd is edge is becoming more of a reality and that could mean real changes for real people. stephanie rule joins me live now to talk a little bit about this. good morning, stephanie, how are you? >> good morning, randi. i was just saying moments ago that i am very concerned...
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Dec 3, 2012
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now, december 3rd and we have obviously a few weeks here before the fiscal cliff hits, as of right now neither side is budging and republicans are saying that they're not going to budge on those income tax rates but the white houses drawing a line over this. >> what do we know about plans for this week? i mean, apart from everybody spouting off hot air on talk shows do they have -- i'm sorry to be so crass but i'm getting a little annoyed by all the talk at us. >> reporter: yeah. >> instead of with each other. do they have any meetings planned? >> reporter: i'm not saying it's not an annoying process and i think americans feel exactly that way. there's no official meetings right now between the white house and congressional leaders. of course, there are meetings going on behind the scenes and contacts between the white house and congressional republicans but nothing official. president obama is taking this sort of outside strategy where as we saw him last week he goes outside of washington. he'll be giving remarks to the business roundtable this week, meeting with business leaders tomo
now, december 3rd and we have obviously a few weeks here before the fiscal cliff hits, as of right now neither side is budging and republicans are saying that they're not going to budge on those income tax rates but the white houses drawing a line over this. >> what do we know about plans for this week? i mean, apart from everybody spouting off hot air on talk shows do they have -- i'm sorry to be so crass but i'm getting a little annoyed by all the talk at us. >> reporter: yeah....
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Dec 28, 2012
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so what is that going to do to the fiscal cliff negotiations? >> right, there are a couple deadli deadlines actually coming up. january 2nd is the last day of the current congress. any bill that's been submitted, especially the bills that have been passed, the deal with the fiscal cliff, those bills would be worthless. they would go into paper and everything would have to start from scratch. the new congress would have to start a bill and start the process from the beginning. now there are some tricks that congress has to try to speed things up when it wants to. so to some degree, it's not that big of a deal. if there was a deal in the offing, january 3rd, enough votes for it, they could get around the hurdles. but i'm glad you brought up the deadlines because another one is tomorrow. unemployment benefits run out tomorrow for 1 million people. not true. the unemployment portion of the fiscal cliff actually hits us tomorrow. and that's when 1 million people are estimated to see unemployment benefits run out. and tomorrow is also the day that the
so what is that going to do to the fiscal cliff negotiations? >> right, there are a couple deadli deadlines actually coming up. january 2nd is the last day of the current congress. any bill that's been submitted, especially the bills that have been passed, the deal with the fiscal cliff, those bills would be worthless. they would go into paper and everything would have to start from scratch. the new congress would have to start a bill and start the process from the beginning. now there...
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Dec 27, 2012
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the debt showdown last summer is what led to the fiscal cliff we're facing right now. just one more complication or bargaining chip. remind us, you're the best at putting this in perspective. remind us why the debt ceiling is just as important as the fiscal cliff. >> let me take you back a little while. to the conversation about the bun ji jump. here's the problem. confidence doesn't react to a bun ji jump. if you stole my phone and then i got it back from you, it would take that time before i develop that trust wp we saw the consumer confidence numbers come out and they have taken a big hit because consumers are worried about the fiscal cliff. the investing side is our debt raiting, you'll recall the last time we messed around with the debt ceiling, we got kicked down a notch. so if we are seen to be so irresponsible we would do this again and get past our debt limit, the world may sit there and say you're not that good. maybe americans are irresponsible with their money. we hit the debt limit on money. we have known that was coming. the treasury secretary reenforced
the debt showdown last summer is what led to the fiscal cliff we're facing right now. just one more complication or bargaining chip. remind us, you're the best at putting this in perspective. remind us why the debt ceiling is just as important as the fiscal cliff. >> let me take you back a little while. to the conversation about the bun ji jump. here's the problem. confidence doesn't react to a bun ji jump. if you stole my phone and then i got it back from you, it would take that time...
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Sep 13, 2012
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cliff right now and so many of the issues that you raise in this book are after the election during those two months of that lame-duck session, they're going to explode. >> they certainly could. but the point is we haven't solved it. now, i not only point to the problem obama has, and the president is at the top. the speaker of the house, boehner, also is responsible for not figuring out how to do this. as you know, there's a war going on in the republican party. >> with his tea party backers. >> with the tea party and with his deputy, eric cantor, the majority leader. and they never figured out who was in charge. and boehner would go around saying privately i don't know whether eric cantor is on my side or not. well, a speaker of the house like a president has to lead. and you need to have that, you know, once in a lifetime conversation -- >> there is plenty of blame to go around for the downgrading of the u.s. credit rating which is significant, but who deserves more of that blame? >> look, if you -- and they talk about this in the white house. if the -- if we default on our debt,
cliff right now and so many of the issues that you raise in this book are after the election during those two months of that lame-duck session, they're going to explode. >> they certainly could. but the point is we haven't solved it. now, i not only point to the problem obama has, and the president is at the top. the speaker of the house, boehner, also is responsible for not figuring out how to do this. as you know, there's a war going on in the republican party. >> with his tea...
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Sep 12, 2012
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and let's avoid this fiscal cliff. there is no reason to go over the cliff as some suggest we ought to do. some suggest is this would be good for the country somehow. it would be terrible for the country. >> you have the super committee and you all couldn't come to an agreement. and the failure of that was supposed to lead to something awful, right? the sequester. so that's kind of -- that was the whole point. i mean, now people are trying to say let's switch the way the sequester was set up, and i mean -- if you're a ratings agency or someone around the world, it kind of looks like we don't know where we're going. >> well, i -- as you may have heard me say before, i don't think the sequester worked and therefore i don't think it was a good idea. and i was in those meetings and i can tell you republicans looked at this and said gee, there are no tax increases and we get the savings we were asked to find. and gosh, there are defense cuts which we wanted to do for decades this may not be a bad deal for us. so i think not
and let's avoid this fiscal cliff. there is no reason to go over the cliff as some suggest we ought to do. some suggest is this would be good for the country somehow. it would be terrible for the country. >> you have the super committee and you all couldn't come to an agreement. and the failure of that was supposed to lead to something awful, right? the sequester. so that's kind of -- that was the whole point. i mean, now people are trying to say let's switch the way the sequester was set...
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but when it comes to just pure optics of the house leaving with the fiscal cliff right in front of us -- >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> mr. speaker, does the conference perhaps realize that you don't seem to be negotiating in all of this? >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy, is a better way to raise this revenue than raising rates. because raising rates will hurt the very people that we're expecting to upgrade jobs in our country. >> all right. house speaker john boehner. let's head back to capitol hill and check in with dana bash. so the president has looked at this offer and jay carney, his spokesman, called it fairy dust. so what did the republicans expect it to be in return? >> reporter: carol, look, what do they expect in return? what they say that they want is just to talk. that is something that should be emphasized for our viewers which is what we are seeing back and forth in the publi
but when it comes to just pure optics of the house leaving with the fiscal cliff right in front of us -- >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> mr. speaker, does the conference perhaps realize that you don't seem to be negotiating in all of this? >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy, is a...
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at this moment, right, we're going over or toward the fiscal cliff. if you do nothing, all of our taxes are going up. why not, as a first move, say, listen, nobody at this point wants to raise taxes on the middle class and people who are lower income. so let's do some kind of a deal now and that will keep us from going over the fiscal cliff. then let the tax cuts expire for the wealthy january 1st. it happens. then you can do some kind of negotiation. and that keeps us from going over the fiscal cliff. it's going to happen anyway, right? >> this is the very kind of shell game they run in washington. if you'll just give me my tax increases today, i surely will give you your spending restraint tomorrow. >> but you have no leverage in the debate. >> we never see these spending reductions materialize. that's the problem. we're borrowing roughly 40 cents on the dollar, much of it from the chinese, sending the bill to our children and grandchildren. that's unwise and unsustainable. frankly, i think it's immoral. and what you're saying is that republicans ou
at this moment, right, we're going over or toward the fiscal cliff. if you do nothing, all of our taxes are going up. why not, as a first move, say, listen, nobody at this point wants to raise taxes on the middle class and people who are lower income. so let's do some kind of a deal now and that will keep us from going over the fiscal cliff. then let the tax cuts expire for the wealthy january 1st. it happens. then you can do some kind of negotiation. and that keeps us from going over the...
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Dec 24, 2012
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it's all because of the worries about the fiscal cliff. suzanne. >> all right. let's just listen in, and i'll bring you back for a bit. ♪ >> all right. there you go. allison, i want to bring you back for a couple quick questions here. we know the stocks are down, fiscal cliff. talk about what we think that means for us if we end up going over the fiscal cliff and you're looking at a lot of tax hikes as well as spending cuts. >> yeah. you have to believe if we go over the cliff that some sort of deal will happen up. if not within the first couple days of year, maybe the first couple weeks. what may happen is an impact right away to your paychecks in the early weeks of the new year. here is an idea of what we're in for anyway. we're going to see a lot of tax changes. payroll tax holiday. that would expire, and that means that the amount taken out of your paycheck would go from 4.2% to 6.2%, so that means if you're making $50,000 a year, it means $83 a month comes out of your paycheck. over the cliff it means you have a delay in tax refunds for the 2012 returns a
it's all because of the worries about the fiscal cliff. suzanne. >> all right. let's just listen in, and i'll bring you back for a bit. ♪ >> all right. there you go. allison, i want to bring you back for a couple quick questions here. we know the stocks are down, fiscal cliff. talk about what we think that means for us if we end up going over the fiscal cliff and you're looking at a lot of tax hikes as well as spending cuts. >> yeah. you have to believe if we go over the...
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align. >>> we are so close to the fiscal cliff right now we can pra practically look over the edge. in fact, some people are saying it might even be too late for a deal and we'll go over that cliff. harry reid just took to the senate floor 30 minutes ago to say he thinks it's likely we're going to go over the cliff. republicans like house speaker john boehner and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and columnist. welcome to you both. >> good to see you. >> good to see you. i'm just so sad we have to talk about the fiscal cliff. let's start with you, roland. harry reid comes out and says the house isn't in session. the president is back. the house is going nowhere. john boehner is doing a terrible job and we'll likely go off the cliff because of the republicans. >> it's interesting. this morning i talked to congressman e moon yule cleaver and part of the issue deals with the house rules. they have to have 48-hours notice to come back to washington, d.c. republicans also have a rule -- >> like there are
align. >>> we are so close to the fiscal cliff right now we can pra practically look over the edge. in fact, some people are saying it might even be too late for a deal and we'll go over that cliff. harry reid just took to the senate floor 30 minutes ago to say he thinks it's likely we're going to go over the cliff. republicans like house speaker john boehner and mitch mcconnell have been radio silent on negotiations. joining me is will kain and roland martin, a political analyst and...
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Dec 25, 2012
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to the fiscal cliff, and of course, they blamed each other. best supporters of gay rights, state victories and supreme court consideration for same-sex marriage, the election of the first openly lesbian u.s. senator, and president obama finally coming around to their cause. >> my expectation is that when you look back on these years, you will see a time in which we put a stop to discrimination against gays and lesbians, whether in the office or in the battlefield. >> equality, you know, people should be able to do whatever they really want in life. >> worst disappointment for supporters of comprehensive immigration reform. the president promised but won't be able to deliver until his second term, although he issued an executive order allowing children of undocumented workers to stay in the u.s. for college. best supreme court win for the white house, health care reform remains the law of the land. >> i'm sure we'll still be talking about it in 2013, but the big overhaul that was promised by republicans, that's not going to happen. >> the court
to the fiscal cliff, and of course, they blamed each other. best supporters of gay rights, state victories and supreme court consideration for same-sex marriage, the election of the first openly lesbian u.s. senator, and president obama finally coming around to their cause. >> my expectation is that when you look back on these years, you will see a time in which we put a stop to discrimination against gays and lesbians, whether in the office or in the battlefield. >> equality, you...
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cliff, right? the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will be able to discuss more details about a scaled-down fiscal cliff plan. and maybe that could lead to some sort of agreement ideally for all parties in which all the senators say that they will not filibuster it, and it can go to a vote. and then speaker boehner could, in theory, agree to bring it to a vote on the house floor aft
cliff, right? the president and the vice president, they're going to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to...
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. >> we can do this and avert the fiscal cliff that is right in front of us today. >> we should have a deadline before christmas. >> high stakes deal making in the season of goodwill. the possibilities are endless. not all of them are good. senate majority whip dick durbin, and the house chairman tom price are next. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the be
. >> we can do this and avert the fiscal cliff that is right in front of us today. >> we should have a deadline before christmas. >> high stakes deal making in the season of goodwill. the possibilities are endless. not all of them are good. senate majority whip dick durbin, and the house chairman tom price are next. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is,...
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Nov 18, 2012
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. >> we can do this and avert the fiscal cliff that is right in front of us today. >> we should have a deadline before christmas. >> high stakes deal making in the season of goodwill. the possibilities are endless. not all of them are good. senate majority whip dick durbin, and the house chairman tom price are next. of any small business credit card. your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics, put it on my spark card. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve the most rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ] what's in your wallet? when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop
. >> we can do this and avert the fiscal cliff that is right in front of us today. >> we should have a deadline before christmas. >> high stakes deal making in the season of goodwill. the possibilities are endless. not all of them are good. senate majority whip dick durbin, and the house chairman tom price are next. of any small business credit card. your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics, put it on my...
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Dec 10, 2012
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cliff, there seems to be more at astake than many know. we know about the massive taxes and the big cuts to the military and entitlement programs, but there's something else that could happen, and it could directly impact the safety of the food you buy and the food you eat. here's cnn's emily schmidt with the details. >> i like this one. >> reporter: preparing for the holidays at their house is a reminder of something else just around the corner, a fiscal cliff deadline that is personal here. >> i just can't imagine funding being cut at this point. it would be tragic. >> she's worried mandatory budget cuts would hurt food safety inspection that's mattered to her since her twins were born in 1999. >> chloe was in the hospital for two weeks and luke for three. >> they got listeria poisoning from meat she ate while pregnant. they same it sickened 48 million people a year, 3,000 die. the fda and the usd a's food safety and inspection sfgs are charged with protecting the food supply. an 8.2% budget cut translating to a combined $157 million. th
cliff, there seems to be more at astake than many know. we know about the massive taxes and the big cuts to the military and entitlement programs, but there's something else that could happen, and it could directly impact the safety of the food you buy and the food you eat. here's cnn's emily schmidt with the details. >> i like this one. >> reporter: preparing for the holidays at their house is a reminder of something else just around the corner, a fiscal cliff deadline that is...
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Dec 9, 2012
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state of union with candy crowley is right now. >>> to recap the past week of activity atop the fiscal cliff, nothing happened. today the search for a sweet spot between the deal the speaker can get from the president and the one he can sell to his bruised party. >> they have put forward an unbalanced plan that actually lowers rates for the wealthiest americans. >> when is he going to take a step towards us? >> republican house speakers tom cole and marsha blackburn. >>> then falling off the fiscal cliff, a tumble that would shake the world with international monetary fund christine lagarde. >>> plus what happens if nothing happens with moody's chief economist mark zandy, jackie comes of the "new york times" and cnn's dana bash. i'm candy crowley and this is "state of the union." >>> politically the speaker is playing with a weaker hand that the president, the pressure is higher on him and his critics are harder too. >> the republican party's finished. >> he is selling out our children right now with these massive tax increases and that's a starting bid. he's saying here $800 billion n
state of union with candy crowley is right now. >>> to recap the past week of activity atop the fiscal cliff, nothing happened. today the search for a sweet spot between the deal the speaker can get from the president and the one he can sell to his bruised party. >> they have put forward an unbalanced plan that actually lowers rates for the wealthiest americans. >> when is he going to take a step towards us? >> republican house speakers tom cole and marsha blackburn....
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cliff uncertainty. >> you're right about that. wall street had a decent year. the dow is up 6% and the nasdaq is up 14%, and the s&p 500, that mostly tracks your retirement savings up more than 11%. we've seen a slow churn upward over the course of the year, and that's how you want to see the market move. much has to do with the improving economy. the question is what will happen when we go on over the cliff, will we see stocks fall and what will happen to the economy? we know it wouldn't look good for the economy at this point. christine. >> no, it won't. thank you. here's how the markets are reacting as we edge closer to the fiscal cliff and investors brace for the potential fallout. oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save.
cliff uncertainty. >> you're right about that. wall street had a decent year. the dow is up 6% and the nasdaq is up 14%, and the s&p 500, that mostly tracks your retirement savings up more than 11%. we've seen a slow churn upward over the course of the year, and that's how you want to see the market move. much has to do with the improving economy. the question is what will happen when we go on over the cliff, will we see stocks fall and what will happen to the economy? we know it...
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cliff, even if, right we have to. that's the only way we could get to -- >> can't do it any other way. >> and erskine bowls has said this is kabuki theater. i guess as a voter you all are in the business, a reporter but as a voter you get very frustrated. so this is kabuki theater. this is a whole machination so then at the end you can get to a deadline so we can fall off the cliff which frees everybody -- next election cycle people will be able to say -- >> i think that's frustrating. >> soledad, soledad, elections have consequences. and the president ran his campaign for two years saying he was going to let the bush tax cuts for the wealthiest 2% expire. he was very clear about that. for republicans doing everything on the books to shield millionaires and billionaires from that tax increase is the reason we're still stuck. the moment they let go of that, we have a deal, and that's why some people are saying the only way we're going to get a deal is to let all these protections in the law expire for millionaires and
cliff, even if, right we have to. that's the only way we could get to -- >> can't do it any other way. >> and erskine bowls has said this is kabuki theater. i guess as a voter you all are in the business, a reporter but as a voter you get very frustrated. so this is kabuki theater. this is a whole machination so then at the end you can get to a deadline so we can fall off the cliff which frees everybody -- next election cycle people will be able to say -- >> i think that's...
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what is this fiscal cliff anyway? christine romans has been looking into it and breaking it down for us. >> it's bad. i'll see your storm and raise you a cliff. there are two big forces at play, massive tax hikes, massive spending cuts. the bush tax credits, alternative tax fix expires. if nothing changes, your taxes go up. at the same time, medicare doctor pay goes down. at the same time, federal spending is going to be slashed. if current law stays in place, trillion dollars is cut over the next nine years. half in defense and half from nondefense spending. the bipartisan policy center says that those cuts mean a loss of about one million jobs over two years. a million jobs over two years. not just government jobs but job in the private sector as well. many from contractors working with the government. it will almost certainly cause a recession. the cbo says congress drives up off that fiscal cliff, gdp will shrink at 1.3%. we're 1.9% the first quarter. the economy is growing now. they're talking about early next ye
what is this fiscal cliff anyway? christine romans has been looking into it and breaking it down for us. >> it's bad. i'll see your storm and raise you a cliff. there are two big forces at play, massive tax hikes, massive spending cuts. the bush tax credits, alternative tax fix expires. if nothing changes, your taxes go up. at the same time, medicare doctor pay goes down. at the same time, federal spending is going to be slashed. if current law stays in place, trillion dollars is cut over...
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. >>> so what could the fiscal cliff mean for wall street and your retirement fund? i'm going to ask independent new york stock exchange trader in about one hour from now. >>> all right. let's switch gears here. because after newtown, gun buybacks are making headlines across the country. >>> and we're going to tell you how donors funded the biggest buyback ever in one connecticut town. i know. i'm will, and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal assistant. i guess you could call it todd. [ male announcer ] the new nokia lumia 920 with live tiles that deliver what you want in real time. only from at&t. rethink possible. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is prove
. >>> so what could the fiscal cliff mean for wall street and your retirement fund? i'm going to ask independent new york stock exchange trader in about one hour from now. >>> all right. let's switch gears here. because after newtown, gun buybacks are making headlines across the country. >>> and we're going to tell you how donors funded the biggest buyback ever in one connecticut town. i know. i'm will, and this is the nokia lumia 920 from at&t. it's got live...
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congress is busy at work and just not on the fiscal cliff. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are, or may become pregnant or are breast feeding should not use androgel. serious side effects include worsening of an enlarged prostate,
congress is busy at work and just not on the fiscal cliff. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing...
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the struggle to avoid the fiscal cliff. and a luxury ship, cruise ship on its side in the water. well, now think about the advances made in science. some of them dazzle the eye. john zarrella counts down the top ten. >> reporter: at number ten a revolutionary camera called litro. >> it is such a powerful technology breakthrough that this will forever change how we all take inexperienced pictures. >> reporter: the camera captures the entire light field allowing the picture's focus and perspective to be changed after it's been taken. number nine, nasa's dawn spacecraft sent back staggering data about an asteroid 325 miles in diameter called vesta. it appears vesta went through some stages of planetary evolution. it's one of a kind in the solar system. >> what's clear to us is that vesta appears to be the only intact proto planet that's left. >> reporter: number eight. you may have heard the term god particle. scientists call it higsbosin. the european nuclear research corporation claims to have found it. why is it a big deal? think big bang theory. >> and this particle we think was
the struggle to avoid the fiscal cliff. and a luxury ship, cruise ship on its side in the water. well, now think about the advances made in science. some of them dazzle the eye. john zarrella counts down the top ten. >> reporter: at number ten a revolutionary camera called litro. >> it is such a powerful technology breakthrough that this will forever change how we all take inexperienced pictures. >> reporter: the camera captures the entire light field allowing the picture's...
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in terms of the payroll tax, you're right, even if they fix the fiscal cliff, very few expect the payroll tax holiday which was meant to be temporary, the extra few bucks, that's going to come to an end. >> you're no pollyana. christine romans. >> just the facts, ma'am. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. i have a cold... i took dayquil, but i still have a runny nose. [ male announc
in terms of the payroll tax, you're right, even if they fix the fiscal cliff, very few expect the payroll tax holiday which was meant to be temporary, the extra few bucks, that's going to come to an end. >> you're no pollyana. christine romans. >> just the facts, ma'am. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [...
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i have a funny feeling we will still be dragging out this fiscal cliff debate right until the bitter end. gentlemen, thank you. >>> more on this of course when we come back tomorrow. we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] [ male announcer ] ...forbusiness.com. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and
i have a funny feeling we will still be dragging out this fiscal cliff debate right until the bitter end. gentlemen, thank you. >>> more on this of course when we come back tomorrow. we'll have newt gingrich and talk about fiscal cliff. >>> next tonight, a man who is a real american hero and has the medal of honor to prove it. questions? anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against...
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. >>> meanwhile, when you hear the term fiscal cliff, you probably think about higher taxes, right? could it also have an impact on what we eat? first, a very good morning to washington dc, a foggy start on this sunday, december 9th.si eenx a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per one. would we get the same coverage? same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlimited data for just $45 a month -- from america's gift headquarters. walmart. ♪ time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sp
. >>> meanwhile, when you hear the term fiscal cliff, you probably think about higher taxes, right? could it also have an impact on what we eat? first, a very good morning to washington dc, a foggy start on this sunday, december 9th.si eenx a month! okay, come with me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per one. would we get the same coverage? same coverage on america's best networks. you saved $146.76...
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what is this fiscal cliff anyway? christine romans has been looking into it and is breaking it down for us. christine. >> it's bad. i'll see your storm and raise you a cliff, ali. two big forces are at play -- massive tack hikes, massive spending cuts. on january 1st the bush tax cuts, alternative minimum tax cuts expire. that means if nothing changes, your taxes will go up. at the same time medicare doctor pay will also go down. federal spending will be cut $1 trillion over the next nine years. half from defense and half from non-defense spending. the bipartisan policy center says that those cuts mean a loss of about 1 million jobs over two years. a million jobs over two years. not just government jobs, ali -- but jobs in the private sector as well. many from contractors working with the government. it will almost certainly cause a recession. the cbo says if congress drives us off that fiscal cliff, gdp will shrink at 1.9%. the economy is growing now. they're talking about early next year, seeing the economy shrink a
what is this fiscal cliff anyway? christine romans has been looking into it and is breaking it down for us. christine. >> it's bad. i'll see your storm and raise you a cliff, ali. two big forces are at play -- massive tack hikes, massive spending cuts. on january 1st the bush tax cuts, alternative minimum tax cuts expire. that means if nothing changes, your taxes will go up. at the same time medicare doctor pay will also go down. federal spending will be cut $1 trillion over the next nine...
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that all depends on america playing it's cards right and for that we need a deal on the fiscal cliff. thank you for joining us on the conversation on "your money." have a great weekend. >>> hello, thank you for joining us. i'm allison cossack, fredericka whitfield is off. president and house speaker john boehner met today at the white house. we're not getting details yet as to how those negotiations went, except to stay that the lines of communications remained open. both sides of the fiscal cliff negotiations are much closer than you may think despite what law makes say publicly. jackie calms of the "new york times" picked up on something that lawmaker tim cole said recently. >> the republicans should just declare victory and taking the 98% of the tax cuts that they agree on and work next year on tax reform and see if they can't get the top rate back down again. it's hard to think that that's not where they're going to end up so why not make it clean instead of ugly. >> i think it's true that many people are saying privatery what tom cole said publicly on the show. but they believe t
that all depends on america playing it's cards right and for that we need a deal on the fiscal cliff. thank you for joining us on the conversation on "your money." have a great weekend. >>> hello, thank you for joining us. i'm allison cossack, fredericka whitfield is off. president and house speaker john boehner met today at the white house. we're not getting details yet as to how those negotiations went, except to stay that the lines of communications remained open. both...
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and the republicans' counterproposal on the fiscal cliff. stay right here. >>> i'm ali velshi. this is your money. house speaker john boehner called white house efforts to make a deal preposterous. the republican counter we're hearing about which extends the bush tax cuts for everybody including the wealthiest americans won't get washington any closer to a deal. washington's reckless behavior is already having serious economic consequences. i'm going to show you how and make sure you understand the truth about that raising taxes would mean for the economy, but first, set aside the doom and gloom of the fiscal cliff for a moment, let's look at today's money menu. check out auto sales up big in november. sales of gm cars were up 3.4%. ford saw a 6.5% jump in sales and chrysler shot up 14%. u.s. autos are on track to see their best sales month nationwide since february of 2008 as the big three continues to put the auto bailout in the rear view mirror. ford never took the bailout money from the government. what's sibehind the surge in au sales, no short cuts. the jobs outlook is lo
and the republicans' counterproposal on the fiscal cliff. stay right here. >>> i'm ali velshi. this is your money. house speaker john boehner called white house efforts to make a deal preposterous. the republican counter we're hearing about which extends the bush tax cuts for everybody including the wealthiest americans won't get washington any closer to a deal. washington's reckless behavior is already having serious economic consequences. i'm going to show you how and make sure you...
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are solid, despite the fiscal cliff concerns coming out of washington. she says stocks could get hit in the early part of the area if we go over the fiscal cliff, but the fundamentals of the economy are still good. >>> all right. apple stock dropped more than 6% yesterday. shares were down about half a percent in pre-market trading this morning. no concrete news pushing them down, but today there's another hearing in the patent case with samsung in california. and a tech research report generatored a lot of buzz that apple's tablet competitors could eat into its market share. >> interesting. >> thanks, christine. >>> well, the good news is, let's do the fiscal cliff and the good news. and it's not very much. but at least the two sides are talking, by phone. not face to face. house speaker john boehner and the president are hoping to break the fiscal cliff ice. now we're just mixing metaphors, left and right. speaking on the phone, 26 days left, of course, until we tumble over the cliff or slide down the slope or fall off the precipice or however you want
are solid, despite the fiscal cliff concerns coming out of washington. she says stocks could get hit in the early part of the area if we go over the fiscal cliff, but the fundamentals of the economy are still good. >>> all right. apple stock dropped more than 6% yesterday. shares were down about half a percent in pre-market trading this morning. no concrete news pushing them down, but today there's another hearing in the patent case with samsung in california. and a tech research...
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we are almost a month after the election, the fiscal cliff we've been talking about since this summer. they put it off until after the election, and we're now a month past it, and we are finding that democrats describe the two sides as very far apardon. >> absolutely. one guy who has been pretty busy is treasury secretary tim geithner. i know you're going to have an interview with him on your show this morning. we look forward to that, candy. nice to see you on this sunday. >>> keep it here for "state of the union." it starts in about eight minutes at 9:00 a.m. eastern time. once again, you'll find that interview with treasury secretary tim geithner here on cmn. >>> apple, ocean, blue angel. what's with all these, i guess you could call them unusual baby names, and could they actually impact a child's development? we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. governor o
we are almost a month after the election, the fiscal cliff we've been talking about since this summer. they put it off until after the election, and we're now a month past it, and we are finding that democrats describe the two sides as very far apardon. >> absolutely. one guy who has been pretty busy is treasury secretary tim geithner. i know you're going to have an interview with him on your show this morning. we look forward to that, candy. nice to see you on this sunday. >>>...
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i believe that we can do this and avert the fiscal cliff that right in front of us today. >> this isn't the first time we have dealt with these issues. we feel we understand what the problem is. we felt very -- i feel very good about what we were able to talk about in there. we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. and so it is like when we arrive at a point where we all know something has to be done, there is no more let's do it some other time or we're going to do it now and i think there is we feel very comfortable with each other and this isn't something we're going to wait until the last day of december to get it done. we have a plan. we're going to move forward on it. we're going to work during the thanksgiving recess and we're going to meet with the president when we come back the first week, at least that's as i understand it. i think it was a very constructive meeting and i feel very good about what we were able to talk about. mitch. >> thank you. >> it was a very constructive
i believe that we can do this and avert the fiscal cliff that right in front of us today. >> this isn't the first time we have dealt with these issues. we feel we understand what the problem is. we felt very -- i feel very good about what we were able to talk about in there. we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. and so it is like when we arrive at a point where we all know something...
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fiscal cliff, republican senator bob corker, the latest republican to say, all right. go ahead and raise taxes on the top 2%. here's what he said. >> a lot of people are putting forth a theory, and i actually think it has merit, where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden, the shift goes back to entitlements. >> will, why not give him the 2% and then get what you want on the other issues that are on the table? >> well, senator corker's strategy, his analysis here has a little bit of merit. look, if we give in on the top 2%, if we just say, okay, you get your tax increases on people over $250,000. now what, democrats? now? all that entitlement you've been talking about that you're willing to look at reforming, let's look at it now. nothing's in the way of that. there's a little bit of merit to that. but it also requires you to believe that president obama and the democrats have a real interest in fulfilling that obligation, a real interest in examining entitlements, and i'm not s
fiscal cliff, republican senator bob corker, the latest republican to say, all right. go ahead and raise taxes on the top 2%. here's what he said. >> a lot of people are putting forth a theory, and i actually think it has merit, where you go ahead and give the president the 2% increase that he's talking about, the rate increase on the top 2%, and all of a sudden, the shift goes back to entitlements. >> will, why not give him the 2% and then get what you want on the other issues that...
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the looming fiscal cliff and the fight to save the economy. in his first interview since the big romney loss, i will ask reince priebus if his party is out of touch with the country. plus his plans to fix the gop. >>> plus president obama's tax push. he wants the rich to pay up but is it fair? >>> and one of the most influential spiritual leaders in the world, america's pastor, rick warren. he was there at barack obama's first inauguration. will he be there again? we're talking politics, same sex marriage and the "two and a half men" star whose christian conversion has him attacking his own show. this is "piers morgan tonight." >>> good evening. our big story tonight, countdown to financial doomsday, the fiscal cliff and the clock is ticking. 35 days left before this massive sweeping tax hike. america's now at the mercy of washington, hoping that both sides can end the fighting and make a deal. anti-tax champion grover norquist last night told me he's keeping republicans to the no tax increase pledge they made decades ago. but should his party
the looming fiscal cliff and the fight to save the economy. in his first interview since the big romney loss, i will ask reince priebus if his party is out of touch with the country. plus his plans to fix the gop. >>> plus president obama's tax push. he wants the rich to pay up but is it fair? >>> and one of the most influential spiritual leaders in the world, america's pastor, rick warren. he was there at barack obama's first inauguration. will he be there again? we're...
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it's somewhat analagous to the fiscal cliff. the solutions are staring us right in the face. they're on the table for congress. now it's a people's game. it's the politics that stand in the way. and getting a two-state solution, which we need, that will, i thenk, address a lot of the concern in the middle east. >> saudi peace plan is supported by many arab countries. to have that plan -- and it's one that's acceptable to both parties, at least both religious leaders, it's a place to start. without dialogue, they'll never solve that problem. >> we want to get you on the record on a couple of things quickly here. >> susan rice. >> susan rice, you said you have not been happy with the republicans on capitol hill for how they've treated susan rice. explain. >> to be honest, i didn't say anything about susan rice. what i'm saying about the benghazi incident is let's lower the politics. let's let the experts collect the information. you had a consulate in benghazi relatively new, stood up probably a little over a year before the incident. you had another an ex-down the road run by
it's somewhat analagous to the fiscal cliff. the solutions are staring us right in the face. they're on the table for congress. now it's a people's game. it's the politics that stand in the way. and getting a two-state solution, which we need, that will, i thenk, address a lot of the concern in the middle east. >> saudi peace plan is supported by many arab countries. to have that plan -- and it's one that's acceptable to both parties, at least both religious leaders, it's a place to...
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but it's because -- >> right. >> because the fiscal cliff. i'm done with that until we get some news. >> i think that's a lot of name recognition, don't you? people also, rand paul, for example, very dynamic on television. people recognize him and his energy and his different ideas, so he stands out. but it also is a reflection of the fact that the republican party doesn't -- has an identity crisis. these are people who are moderates and iconic class and very far out on the edges. that doesn't speak to a party that really has a clear leader or a central ideology to speak to. >> and won't until it gets a nominee. the next time we'll know what the republican party is about, maybe, when they get a nominee, right? >> well, you can get the contours of a debate if people really don't have one. remember bill clinton campaigning in the late '80s and early 1990s building a consistent case for the democratic party that was in some ways in worst shape than republicans are now. >> that took two gigantic strokes of luck. one was that mario cuomo did not r
but it's because -- >> right. >> because the fiscal cliff. i'm done with that until we get some news. >> i think that's a lot of name recognition, don't you? people also, rand paul, for example, very dynamic on television. people recognize him and his energy and his different ideas, so he stands out. but it also is a reflection of the fact that the republican party doesn't -- has an identity crisis. these are people who are moderates and iconic class and very far out on the...
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and just in time, folks, we are now 35 days away from the fiscal cliff. >> all right, gray thursday. black friday. and now today, cyber monday. but just how good are the deals today compared to what was put out this past holiday weekend? we're going to break it all down for you. >> and $425 million. start dreaming. the powerball lottery just hit a new high and you'll never believe how much the cash payout is. we'll break it down for you coming up this hour of cnn. >> a lot of holiday shopping. an interesting cyber monday. good morning, welcome back to "early start," everyone. >> i'm zoraida sambolin. >> and i'm john berman. it's 6:00 a.m. in the east. up first, back to work for the lame duck congress. and with 35 days left before we head over the fiscal cliff, a couple of key republican senators are signaling they're willing to break their no tax pledge in order to get a deal done. that may be an encouraging sign, because a new cnn/orc poll shows that 68% of americans believe a visit to the other side of that cliff could trigger major problems, even a crisis. cnn political editor pau
and just in time, folks, we are now 35 days away from the fiscal cliff. >> all right, gray thursday. black friday. and now today, cyber monday. but just how good are the deals today compared to what was put out this past holiday weekend? we're going to break it all down for you. >> and $425 million. start dreaming. the powerball lottery just hit a new high and you'll never believe how much the cash payout is. we'll break it down for you coming up this hour of cnn. >> a lot of...
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so we've been talking about the fiscal cliff, 34 days left until we go off the cliff. or slide down the cliff. there's been lots of metaphors about that combination of tax increases and deep spending cuts. both sides reporting little progress. the clock is ticking. everybody's talking about compromise. when you get into the details, not that much compromise. let's get to tim pawlenty, a top lobbyist for the banking industry serving as the ceo of the financial services roundtable which represents the 100 largest u.s. financial services companies. it's nice to have you with us, sir, nice to be with us. >> good morning, always good to be with you. >> so this is kind of not your problem anymore as a legislator. but, but i guess it is your problem in terms of your business, and certainly as a citizen. where do you see realistically the fix for the fiscal cliff coming out? what does it look like? where is it -- where are the compromise points? >> well, soledad, the organization that i represent, the financial services roundtable, and our members are very concerned about this
so we've been talking about the fiscal cliff, 34 days left until we go off the cliff. or slide down the cliff. there's been lots of metaphors about that combination of tax increases and deep spending cuts. both sides reporting little progress. the clock is ticking. everybody's talking about compromise. when you get into the details, not that much compromise. let's get to tim pawlenty, a top lobbyist for the banking industry serving as the ceo of the financial services roundtable which...
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Dec 28, 2012
12/12
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"early start" begins right now. >>> crunch time for the fiscal cliff. the key players to meet at the white house with just four days left until the deadline. >> they called him stormin norman. america remembering general norman schwarzkopf. >> and have gun, will teach. hundreds of educators get a hands-on lesson in firearms. controversial proposal. good morning. welcome to "early start." 5:00 a.m. in the east. >>> it is the last friday of 2012. i've just had that pointed out to us. one final desperate attempt to dodge the fiscal cliff, just four days left before we go over the edge triggers tax hikes, spending cuts that could send the nation back into recession. the president calling for members of the congress the back. a gang of six attending. vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority le
"early start" begins right now. >>> crunch time for the fiscal cliff. the key players to meet at the white house with just four days left until the deadline. >> they called him stormin norman. america remembering general norman schwarzkopf. >> and have gun, will teach. hundreds of educators get a hands-on lesson in firearms. controversial proposal. good morning. welcome to "early start." 5:00 a.m. in the east. >>> it is the last friday of 2012....
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Dec 30, 2012
12/12
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. >>> fiscal cliff, debt, and egos. how much of what is going on in washington is about what's right versus who's right? one doctor has some suggestions for the decision-makers. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. ...and now... you! [ giggles ] ♪ the one and only, cheerios your doctor will sa
. >>> fiscal cliff, debt, and egos. how much of what is going on in washington is about what's right versus who's right? one doctor has some suggestions for the decision-makers. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the...
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Nov 29, 2012
11/12
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if he can say something about the fiscal cliff, the president can gain some bipartisan credibility. it's also the right thing to do. the real tradition of this is started in 1960 with kennedy meeting nixon in florida, and since then it's pretty much pro forma. what is 50-50 is whether a friendship gets developed out of this kind of lunch. >> this is the kind of thing that we take for granted in the united states. you really have to think about it, when there is no peaceful transition. >> well, you know, i recently wrote about the kennedy assassination, and it's amazing. here our president was killed in dallas in 1963, and in many countries people would go riot in the streets, but in america lyndon johnson was sworn in, and it's a smooth transition of power. look at gore verse bush in 2000. went all the way to the supreme court, but there they were breaking bread together, vice president gore and then incoming president bush. it is what -- what we're seeing today the healthy side of our democracy. >> all right. douglas brinkley, thank you. good to see you, as always. >>> i want to tu
if he can say something about the fiscal cliff, the president can gain some bipartisan credibility. it's also the right thing to do. the real tradition of this is started in 1960 with kennedy meeting nixon in florida, and since then it's pretty much pro forma. what is 50-50 is whether a friendship gets developed out of this kind of lunch. >> this is the kind of thing that we take for granted in the united states. you really have to think about it, when there is no peaceful transition....
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Dec 5, 2012
12/12
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i think that an agreement on the fiscal cliff is really possible because i think both sides have an incentive to do it and do it right. >> you think going over the cliff is unacceptable? >> well, i think they will end up taking steps to make it less of a cliff and more of a little hill or a slope, if you will, but i think they should reach an agreement and i hope that -- look, the republicans have now been branded rather clearly as obstructionist. the polls show a majority of americans think if we do go over the cliff, it's their fault because they've dedicated themselves to one thing only and that's preventing obama from getting anything done. they need to shed that label. they've got enough problems in the demographic changes in our society. on the other hand, the president while in a strong position wants to get something done. history and the american people are not going to judge him on the basis that someone else kept me from doing it. they're going to judge him on the basis of what did he get done, and this can be done for the sake of the country in a way that does not irrevocably shat
i think that an agreement on the fiscal cliff is really possible because i think both sides have an incentive to do it and do it right. >> you think going over the cliff is unacceptable? >> well, i think they will end up taking steps to make it less of a cliff and more of a little hill or a slope, if you will, but i think they should reach an agreement and i hope that -- look, the republicans have now been branded rather clearly as obstructionist. the polls show a majority of...